Prof. Moulton cites a recent report by Harvard University’s Joint Center for Housing Studies that found that nearly 40% of seniors age 65 and older carry a mortgage today, a rate that has more than doubled since 1992. “Using a reverse mortgage to pay off a forward mortgage frees up mo...
Reverse Mortgage California is the #1 option for Senior Citizens in California. Getting a line of credit to enjoy your retirement never been easier.
reverse mortgagehome equity conversion mortgagemortgage fraudWith the senescent population and the popularity of aging in place, many seniors are attracted to reverse mortgages to plan for retirement and to maintain their existing housing situation. Although theoretically reverse mort...
Seniors considering areverse mortgage as a solutionto credit card debt should evaluate whether the amount of home equity that they will lose in reverse mortgage fees and interest is worth it in terms of the amount of credit card interest that they will save. This is a complex calculation that...
Reverse mortgages, while often beneficial, however, aren't right for everyone. You'll want to consider your personal financial situation, goals andother factorsto confirm that these loans are a good fit. To determine if a reverse mortgage is right for you,speak with an expertwho can help gui...
Seniors on Fixed Incomes May Struggle to Keep Up with Inflation How Reverse Mortgages Help to Reduce the Effects of High Inflation Bottom Line Wait! Before You Go, Read: How Does a Reverse Mortgage Work? Simply put, a reverse mortgage allows a homeowner to receive funds without having to mak...
Reasons someone would get a reverse mortgage Like with home equity loans and home equity lines of credit (HELOCs), the main reason someone might opt for a reverse mortgage is to get access to cash while borrowing against their equity. For seniors especially, that money could be clutch for ...
Go from stressful retirement income shortfalls to staying in your home with $0 mortgage payments and increased retirement income. Turn an illiquid asset into a dependable income stream. Sleep better worry less. No obligation consultation with Ray Massey,
Since 2001, Eileen Kennedy has been assisting clients with their Reverse Mortgage needs. She is now introducing a fresh approach to being a Reverse Mortgage Advisor and is excited to continue her passion for working with Seniors and helping them age gracefully in their own homes. Co...
“Reverse the Future” Seniors Home Reverse Mortgage Inc. 252 Lamont Drive Decatur, Ga. 30030 Click here